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Technology Stocks : All About Sun Microsystems

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To: JDN who wrote (40008)1/3/2001 1:36:52 PM
From: DiViT  Read Replies (2) of 64865
 
"He ought to act NOW to demonstrate the FED will NOT allow this pullback to set into a Recession"

How did you know? ;-)

Fed Reserve cuts interest rates

Central bank lowers key rate by 50 basis points

Jan. 3 — The Federal Reserve, faced with a rapidly slowing economy, unexpectedly cut a key interest rate Wednesday by one-half point in an effort to avert a serious downturn. It was the first decrease in rates in two years.

msnbc.com
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